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Private Property House Price Index · October 2026

5-bedroom property prices in Lekki Phase 1, Lagos

Median asking sale price for 5-bedroom property listings in Lekki Phase 1, Lagos, from the listings first published on Private Property in the three months to each month.

Median sale price · October 2026

₦1.1B

Typical: ₦726M–₦1.4B

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +9.9%
▲ +24.1%
Listings
Listings published
94
Aug–Oct 2026

Median sale price by month

Median   Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Sale price in Lekki Phase 1 by size, October 2026

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦1.1B ₦726M–₦1.4B 94 Small sample ▲ +9.9%
September 2026 ₦980M ₦733M–₦1.2B 124 ▲ +7.8%
August 2026 ₦910M ₦734M–₦1.2B 156 ▲ +4.9%
July 2026 ₦867M ₦665M–₦1.2B 195 ▲ +1.1%
June 2026 ₦858M ₦635M–₦1.2B 182 ▼ -0.3%
May 2026 ₦860M ₦641M–₦1.2B 157 ▼ -0.5%
April 2026 ₦865M ₦707M–₦1.2B 134 ▲ +0.3%
March 2026 ₦862M ₦730M–₦1.2B 145 ▼ -1.0%
February 2026 ₦870M ₦742M–₦1.2B 140 ▼ -10.7%
January 2026 ₦974M ₦798M–₦1.3B 158 ▲ +0.1%
December 2025 ₦973M ₦759M–₦1.3B 150 ▲ +0.5%
November 2025 ₦969M ₦746M–₦1.2B 193 ▲ +11.6%
October 2025 ₦868M ₦651M–₦1.2B 215 ▲ +2.8%
September 2025 ₦845M ₦625M–₦1.1B 216 ▲ +6.1%
August 2025 ₦796M ₦571M–₦997M 189 ▼ -5.4%
July 2025 ₦841M ₦651M–₦1B 147 ▼ -0.9%
June 2025 ₦848M ₦689M–₦1B 122 ▲ +4.4%
May 2025 ₦813M ₦538M–₦999M 121 ▲ +9.2%
April 2025 ₦744M ₦493M–₦978M 133 ▼ -0.9%
March 2025 ₦751M ₦538M–₦940M 155 ▼ -6.3%
February 2025 ₦801M ₦551M–₦956M 148 ▲ +8.8%
January 2025 ₦736M ₦541M–₦928M 141 ▲ +4.8%
December 2024 ₦702M ₦540M–₦911M 124 ▲ +13.9%
November 2024 ₦617M ₦503M–₦827M 120 ▲ +0.4%

Frequently asked

What is the typical 5-bedroom property price in Lekki Phase 1, Lagos?
The median asking price for 5-bedroom property listings in Lekki Phase 1, Lagos was ₦1.1B in October 2026, according to the Private Property House Price Index.
What is the typical range for 5-bedroom property prices in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦726M and ₦1.4B.
Are 5-bedroom property prices in Lekki Phase 1, Lagos going up?
Yes. The median was up 24.1% on a year earlier: ₦1.1B in October 2026 against ₦868M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/lagos/lekki/lekki-phase-1/5-bedroom
Free to reuse under CC BY 4.0, with credit to Private Property and a link to this page.
How these figures are worked out